Best Litecoin Brokers Guide
Litecoin Brokers
Litecoin brokers are similar to Bitcoin and other cryptocurrency brokerages but they specialize in helping traders in the selling and buying of Litecoin digital currency.
What is Litecoin?
Litecoin is one of the most traded cryptocurrencies in the world and like other virtual currencies it is not managed or controlled by any central official authority. It was released in 2011 and is the brainchild of a Google employee Charlie Lee, who was previously the engineering Director at Coinbase.
The peer-to-peer decentralized currency is almost identical to the most popular Bitcoin. In November 2013 massive growth in the value of Litecoin was witnessed, including a 100% jump within a day.
Litecoin was designed with the concept of developing a system of payment that is not managed by any government agency. When Litecoin was released it was able to make transaction confirmations fast and able to handle far greater volume than Bitcoin.
As of now the average transaction confirmation of Bitcoin is between 30 to 100 minutes, Litecoin is 15 – 30 minutes.
Litecoin Brokers and Trading
Similar to other cryptocurrencies, Litecoin can be mined. Currently, 25 Litecoins are mined for one new generated block and traders can buy it with the help of Litecoin brokers and store them in a Litecoin wallet.
The buying and selling of Litecoin is conducted through crypto exchanges. Many traders prefer not to hold the currency in a wallet. Some traders use Litecoin to trade CFDs on the currency markets or to trade stocks, commodities or other assets.
Litecoin Brokers and How To Buy
The currency can be purchased from a designated exchange with the help of Litecoin brokers or directly using standard currencies like the GBP, USD or Euro.
A number of countries have started accepting PayPal balance transfer to buy Litecoin. Many exchanges facilitate making payment through credit or debit cards, but these need to be linked with the buyer's bank account.
Lately, Skrill, PaySafe, Neteller, WebMoney, OKPay, GiroPay and Moneta are also being used when buying Litecoin cryptocurrency.
Apart from these, Litecoin can be exchanged for direct bank transfers through SEPA system or SWIFT code.
Litecoin and CFD
Forex platforms facilitate pairing Litecoin with fiat currencies the largest being the USD. Spreads here are large and the pair is traded based on fundamental and technical analysis.
There are some advantages when trading Litecoin in CFD. Leverage can be used and large positions can be set up with smaller capital. The leverage could be up to 1:400. Be aware that with leverage you may lose more than your deposited amount if the trade does not go in your favor.
Brokers off many trading opportunities with CFDs. Trading with CFDs most Litecoin brokers charge no fee or commissions. They make money through spreads.
Litecoin Verdict
Litecoin brokers are in great demand as traders in more numbers are trading the Litecoin crypto currency.
Litecoin has gained popularity due to its fast transaction confirmation times and its ability to handle higher volumes compared to Bitcoin.
We've collected thousands of datapoints and written a guide to help you find the best Litecoin Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Litecoin brokers below. You can go straight to the broker list here.
Reputable Litecoin Brokers Checklist
There are a number of important factors to consider when picking an online Litecoin trading brokerage.
- Check your Litecoin broker has a history of at least 2 years.
- Check your Litecoin broker has a reasonable sized customer support of at least 15.
- Does the Litecoin broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Litecoin broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Litecoin broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Litecoin broker can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Litecoin Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Litecoin Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Litecoin Brokers of 2020 compared
Here are the top Litecoin Brokers.
Compare Litecoin Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Litecoin brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Litecoin brokers that accept Litecoin clients
| Broker |
XTB
|
Pepperstone
|
Plus500
|
AvaTrade
|
Admiral
|
FXPro
|
Trade.com
|
hugosway
|
| Rating | ||||||||
| Regulation | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) | Cyprus Securities and Exchange Commission (CySEC) | None |
| Min Deposit | No minimum deposit | 200 | 100 | 250 | 200 | 100 | 1 | 10 |
| Funding |
|
|
|
|
|
|
|
|
| Used By | 250,000+ | 10,000+ | 15,500+ | 200,000+ | 10,000+ | 10,000+ | 10,000+ | 5,000+ |
| Benefits |
|
|
|
|
|
|
|
|
| Accounts |
|
|
|
|
|
|
|
|
| Spreads |
|
|
|
|
|
|
|
|
| Platforms | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
| Support |
|
|
|
|
|
|
|
|
| Learn More |
Sign
Up with xtb |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with avatrade |
Sign
Up with admiralmarkets |
Sign
Up with fxpro |
Sign
Up with tradecom |
Sign
Up with hugosway |
| Risk Warning | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk |
| Demo |
XTB Demo |
Pepperstone Demo |
Plus500 Demo |
AvaTrade Demo |
Admiral Markets Demo |
FXPro Demo |
Trade.com Demo |
HugosWay Demo |
| Excluded Countries | US, IN, PK, BD, NG , ID, BE | BR, KR, IR, IQ, SY, JP, US | BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, JP, SG, MY, JM, IR, TR | US, IR, CA | AU, BE, CA, CN, Crimea region, CY, CU, of CG, ER, HK, GW, IQ, IR, JP, IL, LY, NZ, CY, KR, PR, SG, SO, SD, SYn Arab, TR, US, VI, US | US, IN, PK, BD, NG , ID, BE |
All Litecoin brokers in more detail
You can compare Litecoin Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Litecoin Brokers for 2020 article further below. You can see it now by clicking here
We have listed top Litecoin brokers below.
Litecoin Brokers Table of Contents
- Litecoin Brokers Explained
- 6 Factors to Consider when Choosing Litecoin Brokers
- Are Your Litecoin Brokers Trusted And Established?
- Are The Litecoin Brokers World Leading?
- What are the Litecoin Brokers Commissions and Fees?
- What are the Litecoin Brokers Funding and Withdrawl Methods?
- Find Litecoin Brokers with Round-the-clock support?
- Make sure the Litecoin Brokers Offer Comprehensive Trader resources?
- Why do Litecoin Brokers need to be regulated?
- Litecoin Brokers FAQ
- What are the best Litecoin brokers?
- What is the best Litecoin broker?
- Related Litecoin Brokers Reviews
- Related Litecoin Brokers Alternatives
- Related Litecoin Brokers Comparisons
Litecoin Brokers Explained
Trading the financial markets with Litecoin Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Litecoin Brokers is the platform that a Litecoin Brokers offer.
Choose Litecoin Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Litecoin Brokers that you can rely on.
6 Factors to Consider when Choosing Litecoin Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Litecoin Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Litecoin broker is XTB. Established in 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego regulatory bodies.
Another top rated broker is Pepperstone.
Pepperstone was established 2010, and in operation for 8 years Pepperstone have a head office in Australia.
Pepperstone is regulated. This means Pepperstone are supervised by and is checked for conduct by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego regulatory bodies.
| Broker |
XTB
|
Pepperstone
|
Plus500
|
AvaTrade
|
Admiral
|
FXPro
|
| Year Established | 2002 | 2010 | 2008 | 2006 | 2001 | 2006 |
| Head Office | Poland | Australia | Israel | The British Virgin Islands | UK | UK |
| Regulation | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) |
| Used By | 250,000+ | 10,000+ | 15,500+ | 200,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit XTB | Visit Pepperstone | Visit Plus500 | Visit AvaTrade | Visit Admiral Markets | Visit FXPro |
| Risk Warning | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk |
Are The Litecoin Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. XTB Segregates clients funds and offers over 1,500 instruments. XTB offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, XTB supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. XTB is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Litecoin Brokers is Pepperstone . Pepperstone Segregates clients funds and offers over 100 instruments.
| Broker |
XTB
|
Pepperstone
|
Plus500
|
AvaTrade
|
Admiral
|
FXPro
|
| Instruments Available | 1,500 | 100 | 2,000 | 250 | 148 | 250 |
| Platforms | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
| Excluded Countries | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | BR, KR, IR, IQ, SY, JP,US | BE, US, CA ,CN, SG, ID, PH | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, JP, SG, MY, JM, IR, TR | US, IR |
| Forex pairs offered | 50 | 70 | 100 | 80 | 40 | 70 |
| Forex pairs offered | 50 | 70 | 100 | 80 | 40 | 70 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 21 | 16 | 17 | 16 | 0 | 10 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | Yes | No | Yes |
| Stocks Offered | 1696 | 60 | 1816 | 99 | 64 | 156 |
| UK Shares | Yes | No | Yes | Yes | Yes | Yes |
| US Shares | Yes | No | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | No | Yes | Yes | Yes | Yes |
What are the Litecoin Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Litecoin broker XTB offers competitive offers for Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0.
Another top rated Litecoin broker Pepperstone offers Forex, CFDs, Social Trading. Pepperstone minimum deposit is 200.
| Broker |
XTB
|
Pepperstone
|
Plus500
|
AvaTrade
|
Admiral
|
FXPro
|
| Min Deposit | 0 | 200 | 100 | 250 | 200 | 100 |
| Withdrawl Fees | varies | No | No | No | No | No |
| Inactivity Fees | No | Yes | Yes | No | No | Yes |
| Deposit Fees | No | No | No | No | Varies | No |
| CFD Commission Fees | Yes | Yes | No | No | Yes | charge commissions on cTrader only |
What are the Litecoin Brokers Funding and Withdrawal Methods?
When dealing with Litecoin Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
XTB
|
Pepperstone
|
Plus500
|
AvaTrade
|
Admiral
|
FXPro
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | Yes |
| Skrill | Yes | Yes | Yes | No | Yes | Yes |
| Payoneer | Yes | Yes | No | Yes | Yes | No |
| Neteller | Yes | Yes | No | Yes | Yes | Yes |
Find Litecoin Brokers with Round-the-clock support?
Customer service is very important when dealing with Litecoin Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Litecoin Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Pepperstone support a wide range of languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
XTB and Pepperstone offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
XTB
|
Pepperstone
|
Plus500
|
AvaTrade
|
Admiral
|
FXPro
|
| Support |
|
|
|
|
|
|
| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English, Italian, German, French, Greek, and Hebrew | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese |
| Learn More | Visit XTB | Visit Pepperstone | Visit Plus500 | Visit AvaTrade | Visit Admiral Markets | Visit FXPro |
| Risk Warning | 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | 80.5% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money. | 79% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk |
Make sure the Litecoin Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, XTB and Pepperstone work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Litecoin Brokers need to be regulated?
A regulated Litecoin broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Litecoin brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Litecoin Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account